I was sceptical as soon he came in. I should have followed my intuition back then

How difficult should it be to publish a pr?

If it was good news I think the stock would have taken off in advance of the release. It’s usually like that with Mickey Mouse stocks

Well, trw is slightly different. I hope they don’t dilute that away. Then all hope is over

Would be a fun article if Fredly took a big piece of the company known for one of the worst exits on a norwegian stock exchange

It doesn’t make sense for any new investors to buy at least, before some of this nonsense is sorted out.

Can you explain the essence of this?

No. I asked for a corona-update but no reply.

Will Solly make an offer for the company soon?

Maybe you can gather some 10% ihubbers and demand some updates soon. Complete radio silence shouldn’t be necessary!

Fredly (Apollo A.M.had 380.000 shared if I remember correctly. That used to be shitloads of money.

I guess you can prepare yourself for Murphy’s law in the Corona/virus related to Siaf. There will of course be no press release or update but typically it was hit at the most unfortunate time. Do I know this? No, but history repeats itself.

We’re much closer to 2 musd unfortunately. But maybe he needs to print more shares, otherwise it might be less.

Market value of around 5musd now. Thumbs up!

What’s your time horizon for the extra 50% shares?

Has anyone been in Asia and visited the team the last years? How long can this radio silence go on?

I can help you decide what to do.

If you do have shares you should sell them. Based on what you write here you should have sold long time ago.

The way he got into Hunter was impressive.

How difficult can it be to make some new promises and refer to old press releases that “explains” the status if trw distribution and megaloan?

Can you get an update from Tony to replace it?

At least they got 75.000-100.000 USD from the last transaction (500k shares). Their liquidity issues should be sorted out now

Don’t worry, they will inform us once they have something to announce :)

If it is previously scheduled, why do they postpone it the last minute. Holding a LIVE-conference call should take max 1 friggin hour on the same day as they publish the Q-report.

You have any idea how ECab is doing and what they will get out of this? How many shares do they still have? If they don’t get paid for the bonds, and have a conversation price several usd more expensive than current market price their investors must be furious.

How the heck could this beast be worth 17usd a few years ago? Some more shares now but still. Long way to the top! I can’t imagine what would have to happen for it to go the 5 usd again.

What does this mean?

SHARES OUT
50,106,012

https://www.otcmarkets.com/stock/SIAF/quote

Investors are probably knocking on Siaf’s/trw door

Did you read the whole article?

Voila

Sure. How do I make it a sticky?

Either they press release something (S1/F1), but most likely it will be dead silent until May 2020 for the Q4 report

Was that sarcastic?
(“Is is only 15musd”)

If nothing has happened and zero has been paid its a ticking bomb. Right? What the heck can’t they explain it?

If they don’t pay their debt-obligations Siaf should be bankrupt. No matter if they earn 0,16 or 0,32 usd per quarter. Earnings due to trw-revaluation is complete irrelevant as long as
a) we don’t get the shares and
b) tri-way is not listed in many years

What happens if the don’t pay Garret and ecab? Can’t the claim Siaf bankrupt and take Tri-Way? And hurry up before our shares have been distributed

What does this mean? (Ecab hasn’t been paid??)

On October 20, 2017, the Company issued another Convertible Note (the "Note 2") with a principal amount of $4,000,000 due on February 28, 2018. The note holder had the option to convert all or any part of the outstanding note into the common stock of the Company (the "Primary Optional Conversion") or TRW (the "Secondary Optional Conversion") at any time for a period of eight months from the note's maturity date. The conversion price for Primary Optional Conversion is lesser of $1.5 per share or at 65% of the market share price of the Company. While the conversion price for Secondary Optional Conversion is $3.41 per share subject to equitable adjustment for stock split, stock dividend or right offerings.

Under the agreement, the Company shall pay the note holder 120,000 common shares of SIAF or 32,000 common shres of TRW as an origination fee. The note bears a flat interest payment which shall be settled by 200,000 common shares of SIAF or 55,000 common shares of TRW. As of September 30, 2019, no settlement for both origination fee and interest payment.

The Company and the note holder entered into a restructuring agreement regarding the settlement of the Note 2. Both parties have agreed to restructure the indebtedness represented by Note 2 where SIAF executes a new promissory note in the principal amount of $6,301,480 to the note holder to be paid in 3 installments by August 31, 2019, October 30, 2019 and December 31, 2019, respectively. As of September 30, 2018, no payment was made.

As a result, the amount outstanding under Note 2 was reclassified as other payables – straight note payable of $6,301,480 (see Note 19) and a loss on restructuring of $2,404,402 which representing the default interest incurred during the period.

I dont care what they are as long as they fire up the pps-rocket ?? soon

It has booked equity for 13usd/share. Whether the market sees it at 18,5 cents or 16cents is not relevant anymore

If course it would work, but sadly they haven’t achieved anything the last 4-5 years. (Except the huge failure listing at Merkur).

What appears to finally be progresses are fake news. (Trw distribution, cash dividends and loans!)

If TRW can’t even get 5-10 musd credit lines (far away from 100musd they were so sure about 2 years ago), they might as well cancel the IPO in 2021